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JOB MARKET CONCERNS
AI crowds out fresh grads at Wall Street tech hubs in IndiaThe landscape of entry-level employment for Indian graduates is shifting dramatically due to advancements in AI technology. As machines tac...
India joins US, 13 economies in joint statement to address global excess capacity after G20 meetingIndia, along with the United States and 13 other economies, has signed a joint statement aiming to address structural excess capacity. The ...
JPC to reach out to youth, institutions on Education BillThe panel, headed by BJP MP D Purandeswari, has held consultations in Kolkata, Goa and Bengaluru to understand what students and young peop...
Global Market: UK Gilt yields rise as oil, US Treasury yields weigh on bondsBritish 10-year gilt yields jumped 6 basis points to 5.44%, nearing a 19-year high, as rising oil prices and US Treasury yields fueled infl...
AI may replace only 5% of human work over next decade, says Nobel laureate AcemogluMicrosoft AI CEO Mustafa Suleyman shared the assessment in a post on X while introducing the first issue of The Humanist Review published i...
Global Market: Euro under pressure as France debt worries, Spain vote weighThe euro hovered near a 17-month low at $1.1219 amid euro zone political uncertainty, high debt and French fiscal concerns. Meanwhile, the ...
Global Market: European stocks edge up; Schneider plunges after PTC dealEuropean shares edged 0.2% higher, recovering from last week’s losses, while French stocks fell amid growing fiscal concerns. The CAC 40 dr...
Goolsbee says steady jobs market keeps inflation as Fed priorityChicago Fed President Austan Goolsbee said recent jobs data indicated a steady US labour market, while persistent inflation remains the big...
Global Market: Euro hits 17-month low as French fiscal worries boost dollarThe euro fell to a 17-month low as concerns over France’s fiscal outlook and bond-market selloff weighed on sentiment. The dollar strengthe...
Japan's 30-year bond yields hit record high ahead of PM's remarksJapan's 30-year government bond yield surged to a historic 4.235%, with market participants keenly anticipating Prime Minister Sanae Takaic...
Dollar holds firm as French fiscal woes keep euro on back footThe dollar's ascent continues, climbing to a 17-month peak as the likelihood of a Federal Reserve rate increase diminishes. Meanwhile, Euro...
Global Market Today: Asian shares rise as Fed hike bets ease, oil gainsMSCI’s Asia Pacific equities index rose 0.4%, with Japanese shares rallying 2%. Contracts for the Nasdaq 100 rose 0.3% after the underlying...
Techie starts growing moringa and vegetables on balcony after high BP due to job, develops a passion for farming, quits Rs 1 lakh per month IT job and builds organic farming business with Rs 30 lakh turnoverJitender Mann quit his lucrative IT job to pursue organic farming after a health scare. He began growing moringa and other greens on his De...
US adds disappointing 29,000 jobs and unemployment ticks up to 4.2% in SeptemberThe U.S. job market saw a sharp decline, with only 29,000 new positions added last month, pushing the unemployment rate up slightly to 4.2%...
Why is US unemployment rate rising? September's jobs report indicates 'below expectations' hiring slowdownIn September, the US unemployment rate increased to 4.2% as employers added only 29,000 jobs, which is below expectations. Hiring slowed fr...
European shares edge higher after bonds-driven selloff, focus on inflation dataFollowing a sharp selloff, European stocks made a modest recovery, influenced by recent shifts in the bond market. Investors are keeping a ...
AI taking jobs? Techie warns how long-term EMIs could become a financial burden for software engineersA software engineer voices her worries about AI's long-term effects on job security, particularly the stress of layoffs while handling EMIs...